Moody’s strips U.S. of triple-A credit rating

Re:Moody’s strips U.S. of triple-A credit rating by Spivak on Friday May 16, 2025 @11:51PM (#44011912)

But SS isn't a tax like the rest of our general taxes. I pay a specific SS tax on my payroll so that when I retire I'm entitled to a payout. If you take away the payout you need to take away the tax. Once you means test SS it becomes more like a welfare program for seniors and ought to be paid for out of the general tax pool like other welfare programs.

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Re:Moody’s strips U.S. of triple-A credit rating by harimau777 on Saturday May 17, 2025 @03:55PM (#44016553)

I'm not necessarily opposed to social security being switched to a more conventional tax (assuming that the new tax was at least equally progressive and raised at least as much revenue). However, I also don't see how that makes much of a difference. Social security is a welfare program, it always has been.

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Re:Moody’s strips U.S. of triple-A credit rating by wat10000 on Sunday May 18, 2025 @10:47AM (#44021794)

If SS tax was repealed, and income tax was adjusted to increase by exactly the same amount, would you be happy with it?

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Re:Moody’s strips U.S. of triple-A credit rating by margalabargala on Sunday May 18, 2025 @05:52PM (#44024558)

I'm happy to vote for rearranging the labels of what the things are called if that's what the sticking point is for you.

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